Should Harvest Finance Implement a token burn?

After seeing the success of stock buybacks in the traditional equity markets, as well as a variety of token burns in projects such as FTT, BNB, XLM, CRO, (soon ETH), etc. it may make sense for Harvest to follow suit.

Burning tokens may create an increased incentive to hold onto FARM received from farming as well as the dividends from the profit share.

"In many cases, burning tokens can help stabilize a coin’s value and curb potential price inflation. The stability gives investors a greater incentive to hold the coins and keeps prices at more favorable rates, which therefore keeps network uptime and bandwidth healthy. Token burns also project a sense of confidence and reliability, especially at early stages of a coin’s development." https://cointelegraph.com/explained/token-burning-explained

"In the public market, a buyback will always increase the stock’s value to the benefit of shareholders. However, investors should ask whether a company is merely using buybacks to prop up ratios, provide short-term relief to an ailing stock price, or to get out from under excessive dilution." https://www.investopedia.com/articles/02/041702.asp#:~:text=In%20the%20public%20market%2C%20a,out%20from%20under%20excessive%20dilution.

My proposal would be to take a portion of the buybacks from the profit share and use it to burn FARM on a weekly or monthly basis, (to reduce gas costs) turning FARM into a deflationary token in the long term.

Option 1: Take 10% of the profit share buybacks (3% of total revenue) and burn it periodically.

Option 2: Take 20% of the profit share buybacks (6% of total revenue) and burn it periodically.

Option 3: Do not implement a burn.

In conclusion: Whether a share buyback is good or bad from an individual investor's perspective is not a straightforward question. Variables like the share price at the time of purchase, whether more attractive investment options exist, and whether an investor prefers dividends all factor into the ultimate answer.